Biggest risk to markets is a fragmented world, says Norway wealth fund CEO

Norway Wealth Fund CEO Sees Potential in Real Estate, Renewables

Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s $1.8 trillion sovereign wealth fund.

The global economy appears to be fragmenting, which is the biggest risk to financial markets right now, bringing low economic growth and higher inflation, the CEO of Norway's $1.8 trillion sovereign wealth fund told Reuters.

Biggest risk to markets is a fragmented world, says Norway wealth fund CEO

By Gwladys Fouche OSLO (Reuters) -The world economy appears to be fragmenting, posing the biggest risk to markets currently as it brings low growth and higher inflation, the CEO of Norway’s $1.8 trillion sovereign wealth fund told Reuters. The fund, which invests the Norwegian state’s revenues from oil and gas production, is the largest of its type and one of the world’s biggest investors, owning on average 1.5% of all listed stocks and across s…

Goldman Sachs CEO David Solomon met with Norwegian clients at the Hotel Continental in Oslo before the Oil Fund conference on Tuesday. The main message was that the US remains a safe investment.